There are three types of California Car insurance policy to meet the minimum legal requirement of State law. These are Fully Comprehensive Auto Insurance, Third Party, Fire and Theft and Third Party Insurance. When you choose to avail cheap California Car Insurance, rest assured that they have these policies for you.
Fully Comprehensive Auto Insurance policy is the most expensive automobile insurance because its coverage is wide and flexible. It does not require that the other party is at fault in order to claim against the insurance company.
In order to meet the State requirement, several automobile insurance companies offer three types of auto insurance coverage. Two of such types are designed to be active when the driver is held liable for damages, while the other is somewhat like an emergency insurance. California Car Insurance companies have all these types and more.
If you desire to avail Fully Comprehensive, read the policy carefully because some auto insurance companies do not insure 100% of the cars value but only 80%. This is stipulation is to protect the car insurance companies against fraudulent claims of losses for their car such as the owner wants to dispose the car or is having financial difficulties.
In California, the minimum liability that the aggrieved party could reap from the at-fault party is $5,000 for property damage per accident. When death happens, the minimum liability is $15,000 for single death while $30,000 for multiple deaths.
California Car Insurance companies know the cause and effect of any car accident. They have studied all angles and analyzed any circumstance, which is why car insurance rates are reasonably competitive. Cheap California Auto insurance companies offer the best car insurance there is.
Uninsured and Underinsured Motorist coverage is the third type of auto insurance. This is helpful in situations in which the other party is at fault, however, for some reasons cannot cover the expenses himself. For your part, this insurance will compensate you.
The next coverage is petty; however, it is still useful when there is necessity. California Car Insurance Company also offers Medical payments or Personal Injury protection insurance pays off when there are medical expenses that are not a direct consequence of car accident irrespective of who is at fault.
There is another type of auto insurance and it is termed as Specialized Car Insurance, mainly because it is customized for cars of 25 years and older. Such cars are considered classic and calls for a type of insurance that covers the conditions very common of classic cars.
Commonly, many States require live policy for auto insurance before the car is registered to the drivers or owners name. Each type of auto insurance is created for a purpose. Although it is a State law to have insurance at minimum coverage, it is still advisable to be equipped with good California car insurance coverage for emergency.
California Car Insurance companies understand the needs of every situation. Collision and Comprehensive coverage is deemed the best auto insurance coverage along with the required minimum auto insurance because of the flexibility of the compensation. Frequently in US America, non-collision incidences happen such as natural disasters and fire.